And for a tad more on this topic take a look at what the Governor of the Bank of England, yes that’s right a banker, said recently on the threat posed to capitalism if ethics vanish. Capitalism was at risk of destroying itself unless bankers realise they have an obligation to create a fairer society, BoE Governor Mark Carney told a City of London conference.
According to The Guardian newspaper’s report of Carney’s speech, bankers had operated a “heads-I-win-tails-you-lose” system. “We simply cannot take the capitalist system, which produces such plenty and so many solutions, for granted. Prosperity requires not just investment in economic capital, but investment in social capital,” said Carney. Read more at: www.theguardian.com
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